On Wednesday afternoon, Rite Aid (NYSE: RAD) presented a nice swing-trading opportunity with an excellent set-up.
Consumer staples stocks pulled back a bit through June, offering good entry points to get into some up-trending stocks. RAD has followed suit, and looks like a no-brainer buy at current prices.
Since the beginning of 2013, RAD has gained a whole lot — 422.79 percent, […]
Stock Trading Alert: Stocks Fluctuate Following Recent Advance – Topping Consolidation Or Just A Flat Correction? By: Paul Rejczak | Thu, Jun 26, 2014 SharePrintEmailStock
Trading Alert originally published on June 26, 2014, 6:55 AM:Briefly: In our opinion, no speculative positions are justified.Our intraday outlook remains neutral, and our short-term outlook is now neutral,
following Tuesday’s […]
Several of our recent articles have described major US equity indices as being in topping patterns. As we mentioned last week, the Nasdaq-100 Index (INDEXNASDAQ:NDX) looks as though it needs one more slightly higher high this season to finish the job. Now we see a similar scenario unfolding in the S&P 500 Index (INDEXSP:.INX), which may reach a […]
Morning technical analysis – 15 May 2014May 15, 2014 by Craig Erlam in Technical analysisEURUSDThe sell-off in the euro may have only just begun, despite having fallen more than 3 cents against the dollar (300 pips) since failing to break 1.40 a week ago. Yesterday’s gains appear to have been nothing more than a brief period of consolidation, with the […]
Stock Market on the Brink of a Sharp Correction? Stock-Markets / Stock Markets 2014May 12, 2014 – 09:19 AM GMTBy: Toby_Connor
In today’s post I’m going to make the case for stocks moving down into a sharp correction over the next 4 weeks. To begin we need to examine the last two intermediate cycles. Normally an intermediate cycle […]
After a few days of consolidation, Peercoin looks to be on its way up – although some further confirmation shall be required before we can ascertain such bulls with a valid threshold of confidence. Let’s take a closer look at the latest PPC/USD Daily chart below (click to expand): I’ve performed the Fibonacci study from the high of […]
NMC/BTC Technical Analysis – 8th May 2014 By Ashton Fraser on May 8, 2014 in Trading Namecoin vs Bitcoin has been meandering between two Fibonacci levels over the past couple of weeks, and the way things are going, this may continue for a few days yet. Let’s take a closer look at the latest NMC/BTC Daily chart below: […]
Whilst the bears continue to loom over Bitcoin, a certain support zone is somehow, despite the bad press coming from China, managing to hold its own. Let’s take a closer look at the latest BTC/USD H4 chart below (click to expand): During my previous analysis on Bitcoin, I had mentioned, “I feel there could well be a break […]
Share AUD AUD/USD Fell Sharply After Lower Q1 Inflation Growth Fan Yang 9:32 AM EDT April 23rd, 2014 CPI growth in Australia came in at 0.6% for Q1. The previous quarter’s reading was 0.8%, and so was economists’ forecast for Q1. CPI in Q1 from a year earlier grew 2.9%, missing the 3.2% […]
Bitcoin has been fluctuating between 530 and 470 over the past 24 hours, it seems this may continue for the next few candles, but with the bears aiming to gain the upper hand. Let’s take a closer look at the current BTC/USD H4 chart below (click to expand): I’ve performed the Fibonacci study from the low of the […]
